https://reports.zhihai.me/tags/daniel-ghali/Recent content in Daniel Ghali on 脱水研报HugoenWed, 02 Sep 2026 15:55:00 +0800https://reports.zhihai.me/posts/2026-09-02-db-gold-sell-pressure-exhausted/Wed, 02 Sep 2026 15:55:00 +0800https://reports.zhihai.me/posts/2026-09-02-db-gold-sell-pressure-exhausted/德银 Daniel Ghali 拆解黄金微观资金结构：现货抛售强度近五年 86 百分位，CTA 买盘接近尾声，主动裁量自 8 月高点回落 60% 待接棒；算法抛售需金价跌破 4,315 美元/盎司。白银/铜/铝 CTA 均偏多（+8% / 满仓 / +7%），钯金反向可建程序空头。